Procedure:

1 – Define your demand

2 – Check if your company is ready to issue a financial instrument [SBLC or DLC] through one of the 50 largest banks in the world

3 – Request a quote

Summary of procedures:

1-BUYER sends ICPO (Corporate Irrevocable Purchase Order) Complete buyer information about the issuing or confirming bank, it is essential to be a TOP 50 bank …We only accept full Bank ICPO from the recipient of the purchase, this document on PDF letterhead, complete banking and business information of the purchasing company (all information will be consulted).

2- Seller issues FCO (Full Corporate Offer).

3- The buyer returns the signed and stamped FCO and sends the BCL and draft of the SBLC/ARDLC/DLC OU LC for approval by the seller’s bank or the seller’s financial sector >>> The Purchaser’s ICPO together with the BCL and Draft Financial Instrument will be sent to the financier responsible for the operation to carry out Compliance. After approval by the buyer, the procedure continues as follows:

4- Seller issues Contract Draft. (SPA). After receiving the FCO approved by the buyer!

5- The buyer returns the signed, stamped and scanned Draft Contract by e-mail and it will be considered legal and official Contract of Purchase and Sale until the copies are exchanged.

6- The seller issues a Commercial Invoice.

7-The buyer returns the stamped and signed Commercial Invoice.

8 – The buyer’s bank issues SBLC/ARDLC/DLC or LC (MT 700/760) as a guarantee for one month and sends it to the seller’s bank within 15 working days. The bank instrument must be revolving, transferable or Non-Transferable to SBLC only, DLC and LC only transferable, irrevocable, divisible, operational, renewable and confirmed by the top 50 bank, with Payment via MT 103 upon presentation of the shipping documents (B /L + SGS) by the seller at the port of origin or as agreed with Seller.

9 – After the open banking instrument, the seller’s bank sends to the buyer’s bank a Performance Bond (PB) of 2% within 12 working days in the amount of a remittance only for contract conditional on payment at origin, we will issue Proof of Product (POP) within 15 days for any form of payment

10 – The buyer will receive an invitation letter to accompany the shipment at the port if necessary.

11 – In 35/45 days the ship will be loaded, and the loading can be anticipated.

12 – Payment against the BL and SGS shipping documents, as per item 10.

13 – We do not send BL or other shipping inspection certificates from previous customers for someone to review (Data Protection Act). No past performance.

14 – We do not ship physical samples without exception.

15 – We do not upload photos or videos to avoid disturbing our suppliers’ privacy and identity.

Looking forward to hearing from you.

Sincerely,